I’ve been privileged to spend money on a few of the most attention-grabbing Startups in Nigeria and different elements of Africa.
This journey began in 2014 and my method has all the time been to simply do my factor behind the scenes and assist the businesses I spend money on strategically. However, following the Paystack exit, people have been curious to see what different firms I’ve backed, so I’ve lastly determined to share.
I consider now we have a few stars in right here and the subsequent couple of years ought to be attention-grabbing. Please assist these firms wherever you see them in order that my household can eat o…
Gbedu is a music discovery and streaming service constructed to dispense the wealthy sound of Africa. They have created an expertise that offers younger, upcoming (up and coming) artists the prospect to get found and earn per stream of their music content material.
The startup is connecting Africans to probably the most in depth catalog g of free localized content material, leveraging the facility of playlisting, offline, and radio-integration to create new interactions and huge, distinctive music expertise per consumer locale.
Gbedu is freely accessible to all customers and pays each content material proprietor.
Industries: Digital Entertainment, Music Streaming.
Piggyvest is the main on-line financial savings & funding platform in Nigeria, serving to people handle their funds successfully.
The platform permits customers to avoid wasting small quantities of cash ceaselessly with minimal effort. They automate the method of saving tiny quantities each day, weekly, or month-to-month; after which permit savers, withdraw totally free on solely set withdrawal dates, thereby virtually making saving and investingpossible for customers of their platform.
Industries: Financial Services, Banking, FinTech
Intelligra is the builder of an open platform created for smartphone financing. The firm’s platform presents MNO (cell community operator) integration and lock know-how, proprietary credit score scoring algorithms, and machine lock answer. The platform additionally presents an in-store seamless onboarding app and integrates machine OEM (Original Equipment Manufacturer), financiers, and cell community operators, enabling customers to entry reasonably priced smartphones.
Industries: Financial Services, Mobile Financing.
TeamApt is a monetary know-how firm targeted on creating Digital Banking, Business Solutions, and Payments Infrastructure. They are rethinking the wants of customers, companies, and the monetary trade.
Industries: Fintech, Financial Services
VERTO is a whole F.X. and cost market constructed for enterprise. VERTO helps enterprise function effectively on the worldwide stage. The firm makes it attainable to open a free U.Ok. enterprise banks account in minutes with the power to carry as much as 39 totally different forex balances. Additionally, VERTO offers its enterprise customers the power to make or obtain funds in foreign currency and commerce these currencies at profitable charges.
VERTO supplies liquidity and worth discovery instruments for worldwide companies. The market supplies quick access to unique and foreign currency with seamless worldwide on-line cost companies. Mono
Industries: Finance, FinTech, Marketplace
Mono is an API monetary know-how software program designed to turn out to be the go-to monetary information infrastructure API platform in Africa. The firm’s software program supplies entry to monetary statements for historic and real-time transactions, balances, financial institution statements, credit score and spending patterns. The platform additionally make s it attainable to provoke direct debit funds and recurring debit. They are enabling customers to get an accessible solution to examine their monetary statements and transactions conveniently.
Mono is bringing entry to monetary accounts throughout Africa securely and reliably.
Industries: Big Data, Financial Services
Spleet is a Nigerian-based prop-tech startup that gives its customers a subscription-based, dwelling answer. Spleet supplies entry to Shared/complete dwelling areas with versatile cost choices (Daily, Monthly & Quarterly Subscriptions).
They have constructed a platform and accomplice with householders who need to earn fixed (recurring, month-to-month, and quarterly subscriptions) income and householders who want to earn non-recurring revenue.
Industries: Real Estate, Property Management, Vacation Rental
8. Migo (Done by way of a Syndicate)
Migo is a cloud-based platform that enables clients to make use of loans, make purchases, and withdraw money with out the necessity for plastic debit/bank cards.
Migo presents a digital Credit-as-a-Service platform to home banks, cell operators, retailers, and cost processors. The platform consists of APIs, frameworks, shopper insights instruments, and experience on finest practices that enterprise companions can use to construct transformative shopper credit score companies in rising markets.
Industries: FinTech, Financial Services, Credit
LendMe is a web-based shopper loans platform. Users can select a mortgage quantity in Naira(₦) and set a reimbursement schedule. The mortgage restrict of the consumer will increase if the consumer efficiently repays loans. The app is accessible for the Android platform.
Industries: FinTech, Financial Services, Credit.
Bitnob simplifies entry to the Bitcoin Blockchain Technology for People to create wealth, develop their wealth and even construct and supply assist for his or her companies. It is a cryptocurrency change that enables customers within the African Region to purchase or promote Bitcoins shortly. One key function of the change is that it permits its customers to robotically and periodically save in Bitcoins with as little as one greenback.
Industries: FinTech, Financial Services, Cryptocurrency
Lemonade Finance is a startup that makes it simple to ship cash to Nigeria from Canada inside seconds. Their platform, accessible on Google Play and App Store, presents a few of the finest change charges at any given time. What’s extra, transactions on lemonade are free, protected, and safe.
Industries: FinTech, Financial Services.
Brass is a digital financial institution that gives small and medium companies with a collection of merchandise and instruments to assist them develop. Brass supplies bank-backed, absolutely insured present account companies to native firms in Nigeria.Brass makes it tremendous simple for each enterprise to get a present account from any machine, reduce conventional financial institution charges and assist companies and folks get monetary savings.
Industries: FinTech, Financial Services.
Trove Finance is a platform that permits you to spend money on inventory markets around the globe for as little as ₦1,000. Troves permits its customers to automate their investments by linking a debit card to the Trove App.
Its Investment app goals to make the method of discovering and deciding on investments — particularly Stocks & Bonds — accessible and approachable for freshmen. With Trove, customers can discover inventory from public firms from Nigeria, and the U.S. Users also can simply entry varied bonds, cryptocurrency property, and mutual funds.
Industries: FinTech, Financial Services, Cryptocurrency
14. Gradient Boost
The Gradient Boost is an end-to-end platform coaching, upskilling, and matching information science expertise in Africa to firms. This final mile information science upskilling platform permits firms to construct a dependable information science, information engineering, and information analytics expertise pipeline of the highest information expertise in Africa.
They tackle expertise with sturdy information science fundamentals and upskill them via mentorship from skilled information scientists.
This permits the younger expertise to realize sturdy collaborative abilities, mushy abilities and sensible expertise. Ultimately, these younger skills can show their talents to firms trying to rent expertise.
Industries: Data Science, Training
SEND is a Digital freight Forwarder & Customs Broker for African Businesses. Send ships container and air cargo to Nigeria, managing the whole course of — from suppliers in China, U.S. & Europe, to the customs clearance after which delivered to clients.
Send is making it simple for folks and companies to ship throughout Africa and to the world. Their internet app, cell app, and API are used to request their delivery companies. They then choose up, package deal, and ship gadgets via main couriers/carriers. Send.ng supplies easy but not-so-available value-added options like monitoring and clear pricing.
Industries: Logistics, Supply Chain Management, Freight Service
Initially, Gloo.ng, a pure-play digital retailing service devoted to delivering direct to their shoppers’ doorsteps, Gloo has now pivoted into the e-procurement house as Gloopro.
Gloopro simplifies buying for giant enterprises with eProcurement and commerce options. As a one-stop platform for giant enterprises to optimize the buying of fabric and repair inputs not included of their core merchandise or service, Gloopro presents its clients priceless supply-chain visibility.
Additionally, they permit massive enterprises to standardize and automate their complete procurement lifecycle throughout a number of places with inventory reorder stage parameterization and budgeting caps.
Industries: Retail, E-Procurement
PushCV is the most important pool of pre-screened candidates in Africa. PushCV goals to assist sort out the unemployment epidemic by offering a platform on which solely one of the best skills are linked to high employers and recruiters.
Push CV is targeted on the options that matter most to an employer and therefore, the job seeker. Through continued iteration on complicated employment issues, they search to supply steady enhancements to the service that already makes hundreds of individuals discover their dream jobs lots quicker, safer, and extra seamless.
Previously verifi.ng, Bento has metamorphosized into greater than only a payroll and H.R. platform to assist firms in Nigeria handle their workers’ salaries. Today, Bento has expanded past pension, healthcare, and taxes to supply a platform for wage earners to handle what they devour and the way they devour.
Bento has offered healthcare and wage advance companies by partnering with a healthcare supplier, Hygeia, and money-lender, Zedvance. Moreover, it goals to do far more, for example, serving to mother and father pay their kids’s tuition month-to-month and pay hire month-to-month.
Industries: Financial Services, Employee companies
Leadspace is another industrial actual property startup aiming to create shared infrastructure for entrepreneurs and founders of small & medium-size companies.
They present co-working areas for entrepreneurs/founders of small and medium companies, mid-level company executives, Independent freelancers, distant employees, and inventive artists.
Powercube builds clear vitality methods that may present properties with greater than 16 hours of energy a day with subscriptions as little as N7,000 ($20) month-to-month. User can management every system with a cell utility that enables them to find out how a lot energy they need to use.
Powercube was began to alleviate small properties and companies from utilizing mills whereas offering the best diploma of certainty on payments due.
Industries: Clean Energy
Accounteer is a cloud accounting platform for small companies. A enterprise proprietor can create invoices, monitor bills and comply with up on their funds with ease. Accounteer integrates with exterior companies like banks, e-invoicing platforms and e-commerce.
Industries: Financial Services, MSME
Blackbet is a product-driven Africa sportsbook operator. The firm has ambitions to develop and delight the worldwide gaming group by bringing protected, imaginative and modern sports activities play to a brand new era by simplifying the platform and delighting new clients play-by-play.
Industries: Gambling & Casinos
Fantastic.ng is a free-to-play gaming platform targeted on sports activities followers (therefore the identify Fantastic). Their platform presents its customers an expertise just like sports activities betting and rewards with out requiring any cost.
The sports activities gaming platform runs on a freemium mannequin that enables customers to play totally free or purchase ₦100 token to entry premium video games with increased rewards.
All rewards are paid in a digital forex known as Fan Coins (F.C.s). These F.C.s are then used within the Fan Shop to buy varied gadgets, together with airtime, meals, telephones, laptops, and get money again.
Currently, the gaming platform presents a Football Manager, Predict & Win and Sports Quizzes.
Location: Lagos, Nigeria
Engage is a buyer messaging platform that helps companies develop and enhance buyer retention. It is messaging primarily based on the top consumer’s journey, preferences, and actions via your enterprise utility.
Engage is ready to obtain this by segmenting your clients primarily based on their attributes (e.g., gender, location, plan, age) and their actions (e.g., used up information bandwidth, canceled subscription, scheduled an appointment, submitted suggestions), and permitting you instantly “message” these segments or create automation.
Industries: Artificial Intelligence, Business Development, Messaging
Koa is an app-based platform that helps its customers save and develop their cash on the faucet of a button, making it simpler for them to succeed in their monetary targets, beginning out from Kenya.
With Koa, customers can save for what actually issues to them. Their utility helps customers break down their targets and save in direction of them each day, weekly or month-to-month. Additionally, customers with a Koa develop the account, acquire curiosity on the quantity they’ve saved over a set interval.
Industries: Finance, Savings, and Mutual Funds
26. Paystack (Exit)
Paystack is a cost platform that permits companies in Africa to just accept funds by anybody, anyplace on the earth, from a number of native and world cost channels, together with bank cards, debit playing cards, cash transfers, and cell cash.
Additionally, Paystack supplies instruments to assist its enterprise customers retain present clients and purchase new ones.
Industries: Financial Services and Payments
Article culled from Medium